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27 December 2022

New Updates For 22-Dec-2022

AG
Akin Gump Strauss Hauer & Feld LLP

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Akin is a law firm focused on providing extraordinary client service, a rewarding environment for our diverse workforce and exceptional legal representation irrespective of ability to pay. The deep transactional, litigation, regulatory and policy experience we bring to client engagements helps us craft innovative, effective solutions and strategies.
The Overruled - Russia Trade Controls Resource Center has been updated with the following actions...
European Union International Law
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The Overruled - Russia Trade Controls Resource Center has been updated with the following actions:

  • 19 Dec 2022 (Russia - Countermeasures):
    The moratorium on fines for certain violations of Russian currency controls is extended until the end of 2023.
  • 19 Dec 2022 (Russia - Countermeasures):
    Russian insurers are prohibited to transact with insurers and insurance brokers associated with "unfriendly" states.
  • 16 Dec 2022 (EU):
    On December 16, 2022, the EU published its 9th round of sanctions, including, inter alia, a significant number of designations, including against two Russian Banks, new export controls and bans, and a prohibition on new investments in the Russian mining sector (subject to certain exceptions).
  • 16 Dec 2022 (Russia - Countermeasures):
    The Russian Central Bank resolves not to change the key rate.
  • 09 Dec 2022 (Russia - Countermeasures):
    200 more Canadian individuals added to the "personal sanctions" list by the Russian Ministry of Foreign Affairs.
  • 08 Dec 2022 (Russia - Countermeasures):
    Russian companies are allowed to not disclose certain information until mid-2023.
  • 07 Dec 2022 (Russia - Countermeasures):
    The Russian Government further loosens the restrictions on registration of rights to aircrafts.
  • 07 Dec 2022 (Russia - Countermeasures):
    New temporary Russian import customs duties established in respect of certain categories of goods originating from "unfriendly" states.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

ARTICLE
27 December 2022

New Updates For 22-Dec-2022

European Union International Law

Contributor

Akin is a law firm focused on providing extraordinary client service, a rewarding environment for our diverse workforce and exceptional legal representation irrespective of ability to pay. The deep transactional, litigation, regulatory and policy experience we bring to client engagements helps us craft innovative, effective solutions and strategies.
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